IVV vs OCIO
iShares Core S&P 500 ETF vs Clearshares Ocio Etf
Which is better, IVV or OCIO?
Large Cap Blend against Allocation/Balanced.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 49.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | OCIO |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.65% |
| AUM | $876.4B | $171M |
| Dividend Yield | 1.06% | 9.63% |
| Holdings | 508 | 72 |
| YTD Return | +12.51%Best | +9.09% |
| 1Y Return | +17.57%Best | +13.20% |
| 3Y Return (annualized) | +21.27%Best | +13.32% |
| 5Y Return (annualized) | +12.95%Best | +6.98% |
| Volatility (annualized) | 16.0% | 10.1%Best |
| Max Drawdown | -33.9% | -24.2%Best |
| $10,000 over 5 years | $18,384Best | $14,012 |
| Top 10 Weight | 37.9%Best | 49.6% |
| Fund Family | iShares by BlackRock (US) | ClearShares ETFs |
| Category | Equity | Allocation/Balanced |
| Style | Large Cap Blend | Allocation/Balanced |
| Inception | May 15, 2000 | Jun 26, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Jun 27, 2017 to Sep 11, 2026 (9.2 years).
IVV vs OCIO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 9.2 years both funds cover.
IVV vs OCIO Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Clearshares Ocio Etf (OCIO) is an ETF from ClearShares ETFs. Over the past year IVV returned +17.57% while OCIO returned +13.20%. Year to date, IVV is up 12.51% versus a gain of 9.09% for OCIO.
Over three years, IVV compounded at +21.27% per year against +13.32% for OCIO; over five years the annualized figures are +12.95% and +6.98% respectively. Across the full 9-year window we track, IVV has the edge at +14.26% annualized vs +6.94%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 10.1% for OCIO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.9% for IVV and -24.2% for OCIO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while OCIO charges 0.65%. On a $10,000 position that is $3 vs $65 annually, a gap of $62 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 9.63% for OCIO.
Holdings Overlap
40.6% of IVV's money is in holdings OCIO also owns. 2.1% of OCIO's money is in holdings IVV also owns.
The two portfolios partly overlap.
19 positions in common, counted across the 505 positions we hold weights for in IVV and 55 in OCIO, against full books of 508 and 72.
What only one of them owns
Our book lists 36 positions for OCIO that do not appear in our book for IVV (98.0% of the fund), and 476 for IVV that do not appear in OCIO (58.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in OCIO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 0.39% | 7.59% |
| AAPLApple, Inc | 6.86% | 0.43% | 6.43% |
| AMZNAmazon.Com Inc | 4.01% | 0.21% | 3.80% |
| GOOGLAlphabet A Usd 0.001 | 3.19% | 0.16% | 3.03% |
| AVGOBroadcom Inc | 2.98% | 0.16% | 2.82% |
| GOOGAlphabet Inc | 2.56% | 0.13% | 2.43% |
| JPMJpmorgan Chase & Co. | 1.45% | 0.12% | 1.33% |
| MUMicron Technology, Inc. | 1.51% | 0.05% | 1.46% |
| BRK.BBerkshire Hathaway B | 1.43% | 0.08% | 1.35% |
| LLYEli Lilly & Co. | 1.39% | 0.07% | 1.32% |
40.6% of IVV is already inside OCIO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or OCIO?
IVV has an expense ratio of 0.03% while OCIO charges 0.65%. IVV is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, IVV or OCIO?
Over the past year IVV returned +17.57% vs +13.20% for OCIO, so IVV leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +14.26% vs +6.94% for OCIO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or OCIO?
IVV has been the more volatile fund at 16.0% annualized versus 10.1% for OCIO. Worst drawdown: IVV -33.9% vs OCIO -24.2%.
Should I hold both IVV and OCIO?
IVV and OCIO have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IVV and OCIO?
40.6% of IVV's money is in holdings OCIO also owns. 2.1% of OCIO's is in holdings IVV also owns. They hold 19 positions in common, counted across the 505 positions we hold weights for in IVV and 55 in OCIO.
Which pays a higher dividend, IVV or OCIO?
IVV yields 1.06% while OCIO yields 9.63%, so OCIO currently pays the higher dividend yield.
Is OCIO better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 49.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.